Rajasthan Receives Rs.11.48 Bn Approval for MSME Program

20 Mar 2024 CW Team

The Indian government has approved an allocation of ?11.48 billion for Rajasthan as part of its Micro, Small, and Medium Enterprises (MSME) program. This significant financial support aims to bolster the state's MSME sector, fostering entrepreneurship, job creation, and economic development across Rajasthan.

The approval of ?11.48 billion underscores the government's commitment to empowering MSMEs and driving inclusive growth in Rajasthan. This funding injection will provide much-needed capital infusion to MSMEs, enabling them to expand their operations, upgrade technology, and enhance competitiveness in domestic and international markets.

Rajasthan's MSME sector plays a crucial role in the state's economy, contributing significantly to employment generation, industrial output, and overall socio-economic development. The infusion of funds under the MSME program is expected to catalyse further growth and innovation within this vital sector.

Moreover, the financial support from the central government will enable Rajasthan's MSMEs to overcome challenges posed by the COVID-19 pandemic and emerge stronger in the post-pandemic recovery phase. It will also facilitate the integration of MSMEs into global value chains, enhancing their capacity to export goods and services.

The approval for Rajasthan under the MSME program reflects the government's recognition of the sector's importance as a driver of economic growth and employment. By providing targeted financial assistance, the government aims to create an enabling environment for MSMEs to thrive and contribute to the state's prosperity.

Equipment

11 Dec 2025

Caterpillar Debuts Three New Cat Excavators at EXCON 2025

Caterpillar Inc., a global leader in construction and mining machinery, strengthened its commitment to India’s infrastructure growth with the debut of three new Cat® hydraulic excavators at EXCON 2025, held from December 9–13 at the Bangalore International Exhibition Centre. The new models—Cat 321, Cat 322 and Cat 324—mark a significant step forward in delivering efficient, digital-ready equipment tailored for India’s evolving construction needs.Designed to support sustainability and productivity on modern jobsites, the machines feature advanced powertrains and intelligent electrohy..

JK Tyre Expands OTR Lineup with Four New Launches at EXCON 2025

JK Tyre & Industries, one of India’s leading tyre manufacturers, introduced four new Off-the-Road (OTR) tyres at the 13th edition of CII EXCON 2025, South Asia’s largest construction equipment exhibition, underway at the Bangalore International Exhibition Centre. The latest additions strengthen the company’s OTR portfolio and reaffirm its focus on delivering advanced mobility solutions for construction, mining and industrial operations.The new tyres were unveiled by R Mukhopadhyay, Director (R&D), JK Tyre. Among the highlights was the debut of the SKY GRIP, a specialised tyre des..

ACE, Sanghvi Movers Ink MOU to Boost India-Made Heavy Crane Adoption

Action Construction Equipment (ACE), the world’s largest pick-and-carry crane manufacturer and a leading Indian construction equipment maker, has entered into a strategic Memorandum of Understanding with Sanghvi Movers, Asia’s largest and the world’s fifth-largest crane rental company. The partnership aims to accelerate the deployment of indigenously manufactured heavy slew cranes, particularly truck cranes and crawler cranes, across large-scale infrastructure and industrial projects in India.The alliance aligns strongly with the Government of India’s “Aatmanirbhar Bharat” and “M..